Pros and Cons of Managed Care - 955 Words

Pros and Cons of Managed Care Some of the pros for managed care are; Preventive care — HMOs pay for programs, they are set up and are intended at keeping one healthy (yearly checkups, gym memberships, etc.)The idea is, so they won t have to pay for more costly services when and if one gets sick. Lower premiums — Because there are limits set as to which doctors one can see and when one can see them, HMOs charge a premium and usually they are lower premiums. Prescriptions — As part of their precautionary retreat, most prescriptions are covered by HMOs for a co-payment that also can be very low. Fewer unnecessary procedures —doctors are given financial incentives from HMOs , to provide only needed care, so doctors are less likely to†¦show more content†¦Those up on the hill have responded with a charge of state and national bills pointed at bringing in a booming healthcare industry that s pretty much free-for-all. For their part, the networks don t see what the entire objection is about. They say productiveness and peoples request will keep their guidelines just and within ones means. The networks are trying not only for cost, but also for class and peoples’ satisfaction. It s a patron service industry when you get right down to it. The network points to their absolute success in bringing down costs and keeping the mass of network enrollees happy. Each month people across the nation join a network, so it s plain that, Network care is here to stay in one shape or another. Those against and those rooting for that of managed care agree that the existence of unconstrained health care on demand is declining. As health care costs push very high yearly, some say it s time for all to comprehend that the medical healthcare industry has financial restrictions just like any other industry. People have been brought up to believe that health care is an entitlement, says (Jeanne Holland, executive director of Northeast Physicians-Hospital Organization) at Beverly Hospital. They think Life, liberty, the pursuit of happiness and health care on demand. Consumers need to change their thinking. Resources http://ask.reference.com/related/History+of+Managed+Care?o=102545qsrc=121l=dir, Retrieved, October 26, 2010Show MoreRelatedThe Pros and Cons of a Managed Health Care System1472 Words   |  6 PagesIntroduction A Health care system of any country is an important consideration for the purposes of the overall development. One of the most important and essential feature of the human body is the health and the systems. In the same manner, proper management is also necessary. Furthermore, all the countries of the world have few targets and achievements to be made. 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In this case GE in the Jack Welch Era able to meet its primary economic responsibility to the society, as an evidence, GE able to generated high profit, Welch has managed to achieve the main goal for organizations which is profit maximization, it can be seen that GE able to took care their shareholders interest along with its directors and managers became multimillionaires in GE stock, extended to create prosperity for the society and nations by fulfilling its taxes responsibilityRead MoreThe General Principles of Corporate Social Responsibility That Should Be Exercised by the Managers889 Words   |  4 Pageswithout financial incentives. 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Mr. Coats stated he had a heart attack needing five bypasses if not for his Medicare he would have lost his business and home due to the medical cost. Ms. Coats has worked and additional ten